Question
Which of the following is not an informal
assessment?Solution
The correct answer is A
An Indian exporter raises a Letter of Credit (LC) worth USD 1,00,000. The exchange rate on the LC issuance date is ₹83.50/USD. The bank charges 0.25% ...
What is the maximum aggregate withdrawal limit for a small account per month where KYC is not completed ?
As per the Nayak committee, what percentage of its annual projected turnover should a n MSME get as working capital from a bank?
Which of the following is not allowed in small accounts?
What is required for conducting V-CIP (Video-Based Customer Identification Process)?
A customer reports unauthorized transactions on their digital banking app. Under RBI’s directions, if the customer informs the bank within 3 days, wha...
What is the maximum term loan sanction permitted for Aadhaar OTP-based e-KYC accounts?
What is the primary role of the Central KYC Records Registry (CKYCR)?
As per section 2(52) of the CGST Act, 2017, the term "Goods" includes
Which of the following would not affect bank reconciliation?